WEBVTT - ANGELA YEE IS BUILDING AN EMPIRE w/ Angela Yee

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<v Speaker 1>Afrotech Executive is our multi city series which empowers corporate executives, investors,

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<v Speaker 1>and tech moguls. And we kick off our twenty twenty

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<v Speaker 1>three series with a trip to Seattle to Washington Mark's

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<v Speaker 1>thirtieth We're in the city to discussing artificial intelligence with

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<v Speaker 1>Jessica Matthews, founder of Unchared. It be in the house

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<v Speaker 1>with us this year for an Afrotech Executive events. Experienced

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<v Speaker 1>dot afrotech dot com to learn more. I'm will Lucas

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<v Speaker 1>missus Black Tech, Green Money. I'm gonna entwer to set

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<v Speaker 1>to the biggest names, the brightest minds and brilliant ideas.

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<v Speaker 1>If you're black, in building, or simply using tech to

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<v Speaker 1>secure your back, this podcast is for you. Angelie is

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<v Speaker 1>a Radio Hall of Fame inductee and multi business entrepreneur

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<v Speaker 1>who runs companies in a variety of industries. She recently

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<v Speaker 1>started her own Solar radio show, What Ye with Angelie

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<v Speaker 1>after a long tenure at the Breakfast Club. As an

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<v Speaker 1>entrepreneur with many holdings, I asked Angela how she determines

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<v Speaker 1>what kind of businesses interest her. Definitely, she gets pissed

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<v Speaker 1>all the time on new startups. What catches her attention. Well,

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<v Speaker 1>I think for me, the core things that are most

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<v Speaker 1>important to me have to do with nutrition, and has

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<v Speaker 1>to do with education and with finance, and so I

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<v Speaker 1>look at those different fields and if something and a

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<v Speaker 1>lot of times I actually pursue things that are interesting

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<v Speaker 1>to me. So it's not always that someone comes to me,

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<v Speaker 1>but if I see something that I think is interesting

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<v Speaker 1>or that I want to support, then I'll reach out

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<v Speaker 1>about that also. But like I started the Press Juices

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<v Speaker 1>Company on my own. With the juice bar, that was

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<v Speaker 1>my idea. With a coffee company, that was an idea

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<v Speaker 1>that got sparked in a meeting. And then with Stellar

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<v Speaker 1>Phi that was something that I had been working with

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<v Speaker 1>the founder Lamine on other things that he was doing,

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<v Speaker 1>and then when that opportunity came, I was all in.

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<v Speaker 1>So usually it's a combination of relationships with people, but

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<v Speaker 1>I think I make sure that people know what my

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<v Speaker 1>different fields of interests are. So we've had a lot

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<v Speaker 1>of conversations on this podcast about you know, black people

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<v Speaker 1>and people of color period having an opportunity just to

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<v Speaker 1>be opportunists, and so many things that we're told is like,

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<v Speaker 1>you know, you should lean into things that you've been

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<v Speaker 1>passionate about for a long time, or like what did

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<v Speaker 1>you grow up wanting to do? But we're not told

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<v Speaker 1>like our counterparts are that you can just find an

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<v Speaker 1>opportunity and jump on it. When you think about that,

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<v Speaker 1>like how do you think about the opportunities that do

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<v Speaker 1>company you? And you're like, you know, it could be

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<v Speaker 1>a bag over there, or it could be just something

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<v Speaker 1>that could be fun. You know, how do you think

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<v Speaker 1>about those types of things. I'm great with getting a

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<v Speaker 1>bag as long as I don't feel like I'm compromising anything.

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<v Speaker 1>And so I don't want to get a bag, like

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<v Speaker 1>promoting a cigarette company or something that I really don't

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<v Speaker 1>believe in. And certain things I feel like aren't realistic, right,

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<v Speaker 1>Like people know I don't eat pork and I don't

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<v Speaker 1>eat seafood, so it wouldn't even make sense. And so

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<v Speaker 1>if it's me endorsing something that everyone knows, hey, she

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<v Speaker 1>doesn't really do that, then that's I wouldn't do it.

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<v Speaker 1>But if it's something that maybe I don't know a

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<v Speaker 1>lot about, but I feel like, okay, this could be

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<v Speaker 1>you know, like for instance, one of my friends, Tapeka,

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<v Speaker 1>we're working on a project together right now, and she

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<v Speaker 1>has a whole program that's based on women who were

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<v Speaker 1>formerly incarcerated, and so I know for people that's like

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<v Speaker 1>a hot topic right now, and it's not something I

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<v Speaker 1>knew a lot about, but after speaking to her, it's

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<v Speaker 1>something that I did get more passionate about. And that's

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<v Speaker 1>just when my conversations with her, and so I feel

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<v Speaker 1>like we're always expanding and growing. But it is hard

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<v Speaker 1>for me to only be opportunistic and see a bag

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<v Speaker 1>usually I have to have, and I know it's not

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<v Speaker 1>financially the smartest thing. I'm more like somebody told me,

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<v Speaker 1>I'm an emotional financial person because I have to feel

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<v Speaker 1>some type of connection. But it has been working for

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<v Speaker 1>me thus far. But I do feel like I could have,

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<v Speaker 1>you know, passed up to opportunities. You know, there's a

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<v Speaker 1>lot of people who have really, really great jobs, maybe

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<v Speaker 1>golden handcuffs, and see like they may have to take

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<v Speaker 1>a leap and not not do that anymore and jump

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<v Speaker 1>into an entrepreneurship. But can you talk a little bit

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<v Speaker 1>about how you think about leveraging your current opportunities too

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<v Speaker 1>fuel the opportunities that you want to pursue and you

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<v Speaker 1>don't necessarily have to quit what you're doing today. Yeah,

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<v Speaker 1>I feel like me having the platform that I have

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<v Speaker 1>only amplifies all the other businesses that I'm trying to do,

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<v Speaker 1>and really I'm trying to take advantage of it. And

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<v Speaker 1>so it's great because I'm on the air every single

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<v Speaker 1>day and I have my social media platforms, but we

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<v Speaker 1>also have partnerships with people who want to endorse different things.

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<v Speaker 1>And if I can crust promote my product with something else,

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<v Speaker 1>then that's an ideal situation for me. If I can,

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<v Speaker 1>you know, get my coffee to be part of a

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<v Speaker 1>program that someone else is doing and now they're paying

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<v Speaker 1>for the coffee and I'm getting free advertising, that's like

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<v Speaker 1>a win win win across the board. And so I

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<v Speaker 1>think I would be remissed not to do that. I

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<v Speaker 1>feel like later on, I don't want to look back

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<v Speaker 1>like we look at some of say a reality television person,

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<v Speaker 1>and some of them have had things that have blown

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<v Speaker 1>up just from being on that show and having something

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<v Speaker 1>to put out. And I think it's silly not to

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<v Speaker 1>have something to promote or to do while you're having

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<v Speaker 1>that platform and you know you are somebody that's in

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<v Speaker 1>the public eye. But if an entrepreneur or would be

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<v Speaker 1>entrepreneur comes up to you. It's like, you know, I

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<v Speaker 1>think I got to quit my job to go chase

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<v Speaker 1>this thing. What would your advice be for somebody who's

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<v Speaker 1>not in the public eye necessarily that maybe you don't

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<v Speaker 1>need to quit your job, but maybe you need to

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<v Speaker 1>figure out how to do it from five to nine,

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<v Speaker 1>you know, instead of nine to five. I always feel

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<v Speaker 1>like it's important to make sure you plan, and that

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<v Speaker 1>means that you have to have a business plan. You

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<v Speaker 1>have to have strategically figured out. This is how I

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<v Speaker 1>plan to lunch. I'm a big fan of starting something

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<v Speaker 1>while I have my little cushion, So starting small and

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<v Speaker 1>then letting something grow. So put it out there, launch it,

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<v Speaker 1>do it. I love a soft lunch because that's a

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<v Speaker 1>great way to find out what's working, what's not working,

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<v Speaker 1>that you can fix those things before you go full

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<v Speaker 1>force out to the public. And so I would tell

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<v Speaker 1>them launch whatever it is that you want to do,

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<v Speaker 1>and make sure that you're saving and aggressively saving, because

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<v Speaker 1>I've had to do that too. You know, when I

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<v Speaker 1>bought my first house, I was working non stop because

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<v Speaker 1>I had a goal in mind and a number that

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<v Speaker 1>I knew I needed to hit I knew I needed

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<v Speaker 1>to get to I think it was. I could tell

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<v Speaker 1>you exactly what it was. I had to get twenty

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<v Speaker 1>five percent. I knew I had to get to like

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<v Speaker 1>two hundred and thirty five thousand dollars in order to

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<v Speaker 1>be able to put down the down payment. And so

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<v Speaker 1>for me, that was like two years of just going

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<v Speaker 1>really hard and getting money, stacking money, doing extracide gigs

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<v Speaker 1>and everything. So I think, set a goal, set a number,

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<v Speaker 1>and then when you hit that goal, it's time to go.

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<v Speaker 1>But in the meantime, launch it. And let's take the

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<v Speaker 1>opposite of approach that, because there are sometimes you do

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<v Speaker 1>need to take a gamble on yourself and you know,

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<v Speaker 1>possibly give up something that other people will see as

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<v Speaker 1>a really coveted thing. So what would you say to

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<v Speaker 1>those folks whore like, you know, if you really believe

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<v Speaker 1>in yourself and you really are about this thing, you

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<v Speaker 1>might have to give up what other people will be like,

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<v Speaker 1>you're crazy to give that up. Yeah, and listen, there's

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<v Speaker 1>times that I've done things spontaneously because my gut instinct

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<v Speaker 1>told me to do it. I feel that I trust that.

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<v Speaker 1>It's like I love to gamble, right, and when I

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<v Speaker 1>play blackjack, there are certain times when you have to

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<v Speaker 1>figure out am I gonna hit or am I gonna stay?

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<v Speaker 1>And you have an option because you could go either way.

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<v Speaker 1>You could bust or you could beat the dealer. You

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<v Speaker 1>don't know, and so sometimes you do have to jump

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<v Speaker 1>out there and take that risk. But I also say

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<v Speaker 1>that you have to know a like try to make

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<v Speaker 1>sure that you lessen whatever chance a failure that there is.

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<v Speaker 1>So do everything that you can to get your ducks

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<v Speaker 1>in a row. If you are going to just leap

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<v Speaker 1>out there and do it and be trust your instinct

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<v Speaker 1>is everything is telling you don't do this, and this happened,

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<v Speaker 1>and then this unfortunate thing happened, and you know, then

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<v Speaker 1>maybe it's not the right time. And I do pay

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<v Speaker 1>attention to signs because it's helped me a lot. You know,

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<v Speaker 1>there was an interview I was watching that you did

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<v Speaker 1>and you're talking about, you know, there was a previous

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<v Speaker 1>job you had where you had a bad manager days

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<v Speaker 1>yelled at you at one point and you were like,

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<v Speaker 1>you know, you were you were doing marketing, I think,

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<v Speaker 1>and you're like, you know, I'm out and the clients

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<v Speaker 1>you were working with, like they going with inlet, like

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<v Speaker 1>they left that company and decided to work with you

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<v Speaker 1>separate from your relationship with that company. So can you

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<v Speaker 1>talk a little bit about knowing your value, particularly in

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<v Speaker 1>the world we live in today, to where there's so

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<v Speaker 1>many people who can could work freelance and work for themselves,

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<v Speaker 1>but feel like, you know, they need that security of

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<v Speaker 1>an employer. You know, at that time, I didn't know

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<v Speaker 1>my value. I had no idea that would happen. That

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<v Speaker 1>was an emotional decision. I never one thing that's like

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<v Speaker 1>a deailbreaker for me when it comes to work, when

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<v Speaker 1>it comes to relationships, is I don't I don't deal

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<v Speaker 1>with people speaking to me in disrespectful way or yelling

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<v Speaker 1>at me, because that's not the energy that I give.

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<v Speaker 1>But I know some people are okay with that, and

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<v Speaker 1>some people, you know, communicate that way. That's not me,

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<v Speaker 1>and I'm very clear about that. And So I had

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<v Speaker 1>been working really hard and not getting paid a lot

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<v Speaker 1>and bringing in a lot of business. And he was

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<v Speaker 1>just upset that I was doing these side gigs because

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<v Speaker 1>I wasn't getting paid a lot. But I was honest

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<v Speaker 1>about it. He only knew about it because I told them,

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<v Speaker 1>and he said that was fine, because you're not paying

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<v Speaker 1>me what I should be making. And so when he

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<v Speaker 1>blew up on me because of the same thing that

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<v Speaker 1>I had been honest about came to him about and

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<v Speaker 1>that he had approved, I just got my stuff and left.

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<v Speaker 1>I already was fed up, and so I just walked out,

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<v Speaker 1>took my laptop because he didn't even have computers for it.

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<v Speaker 1>So I took my laptop. It got out of there,

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<v Speaker 1>and you know, to me, I did bring in a

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<v Speaker 1>lot of those clients, and I did write up the

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<v Speaker 1>whole marketing proposals, and I was the person everybody was

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<v Speaker 1>talking to on a daily basis. So when I left,

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<v Speaker 1>everyone was reaching out to me like, well, we really

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<v Speaker 1>enjoyed working with you. And that was a learning lesson

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<v Speaker 1>from me to know that I could do something on

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<v Speaker 1>my own, because you know, I had always worked at

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<v Speaker 1>a company. So after that, I just started freelancing because

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<v Speaker 1>I had got three good clients from him that were

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<v Speaker 1>paying me a monthly fee, and I had gotten two

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<v Speaker 1>on my own outside of that, so I was making

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<v Speaker 1>a nice amount of money and not having to be

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<v Speaker 1>in the office. Wow, yeah, you've been in radio. I

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<v Speaker 1>think with twenty seven years now more, how long have

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<v Speaker 1>I now, I've been in radio for nineteen years because

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<v Speaker 1>you did morning shows, afternoons shows, and other things like.

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<v Speaker 1>There's an important part of research that you have to

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<v Speaker 1>do daily to be up on what's happening in the world,

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<v Speaker 1>and it requires you to know a lot about a

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<v Speaker 1>little You know a little about a lot of things.

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<v Speaker 1>I should say, you know, how how would you say

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<v Speaker 1>that research experience that you've had has helped you in business?

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<v Speaker 1>Knowing a little bit about a lot of different things,

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<v Speaker 1>it is great. Like I had a meeting with somebody

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<v Speaker 1>the other day and we were talking about boxing in

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<v Speaker 1>the meeting because he owns a league, and so I know,

0:10:54.640 --> 0:10:56.920
<v Speaker 1>you know a bit about boxing because I enjoyed the sport,

0:10:56.920 --> 0:10:59.560
<v Speaker 1>but because I've also interviewed a lot of boxers and

0:10:59.600 --> 0:11:01.720
<v Speaker 1>I pay attention to that, and I watched the fights,

0:11:01.800 --> 0:11:05.760
<v Speaker 1>and so you get in certain situations where just having

0:11:05.880 --> 0:11:07.760
<v Speaker 1>being able to add to the conversation. That's why I

0:11:07.840 --> 0:11:09.880
<v Speaker 1>tell people, when I was younger, I really didn't watch

0:11:09.880 --> 0:11:12.280
<v Speaker 1>the news and pay attention to what was going on.

0:11:12.320 --> 0:11:14.439
<v Speaker 1>But I tell people all the time, just make sure

0:11:14.480 --> 0:11:16.560
<v Speaker 1>you keep up on current events. You don't have to,

0:11:17.040 --> 0:11:19.800
<v Speaker 1>you know, deep dive into everything and know all but

0:11:19.960 --> 0:11:21.960
<v Speaker 1>be able to have a conversation, know what some of

0:11:22.000 --> 0:11:25.160
<v Speaker 1>the main headlines are, because those things really do help

0:11:25.200 --> 0:11:27.000
<v Speaker 1>when you're at a dinner and people are talking and

0:11:27.000 --> 0:11:29.560
<v Speaker 1>you don't want to just be there, have no idea

0:11:29.600 --> 0:11:31.320
<v Speaker 1>what's going on in the world. And I used to

0:11:31.360 --> 0:11:33.240
<v Speaker 1>be like that. I used to not have any idea.

0:11:33.320 --> 0:11:35.000
<v Speaker 1>I used to not pay attention to the news when

0:11:35.040 --> 0:11:37.480
<v Speaker 1>I was younger, and when I started doing radio, I

0:11:37.520 --> 0:11:39.640
<v Speaker 1>had to do all kinds of research just to know

0:11:39.679 --> 0:11:44.280
<v Speaker 1>about the current events and the headline topics. Yeah, there's

0:11:44.320 --> 0:11:47.120
<v Speaker 1>this quote that I love from Steve Jobs, and he says,

0:11:47.320 --> 0:11:49.680
<v Speaker 1>you can't connect the dots looking forward, you can only

0:11:49.679 --> 0:11:52.200
<v Speaker 1>connect the dots looking backward. And what I get from

0:11:52.200 --> 0:11:54.839
<v Speaker 1>that is you never really know why you're doing something

0:11:54.880 --> 0:11:57.280
<v Speaker 1>in the moment until later on it's like, oh, that's

0:11:57.400 --> 0:11:58.920
<v Speaker 1>you know it. Had I not done this thing, I

0:11:58.920 --> 0:12:01.440
<v Speaker 1>wouldn't be able to be prepared for what I'm doing today.

0:12:02.000 --> 0:12:03.960
<v Speaker 1>And So if you look back on your life with

0:12:04.000 --> 0:12:08.079
<v Speaker 1>that lens, what were you, know, one or two critical

0:12:08.440 --> 0:12:10.880
<v Speaker 1>moments where you were in the moment, like what the

0:12:10.880 --> 0:12:13.839
<v Speaker 1>heck am I doing? But then you look back and

0:12:13.880 --> 0:12:19.120
<v Speaker 1>you're like, now it makes sense. Let's see, Well, definitely

0:12:19.120 --> 0:12:20.800
<v Speaker 1>the time when I quit my job and there was

0:12:20.840 --> 0:12:25.000
<v Speaker 1>a I mean, let's see, there's so many times that

0:12:25.040 --> 0:12:26.800
<v Speaker 1>I've just done. There was a time when I got

0:12:26.880 --> 0:12:30.200
<v Speaker 1>offered a job, you know, at had ninety seven, and

0:12:30.240 --> 0:12:34.120
<v Speaker 1>I didn't take it. And at the time, I really

0:12:34.120 --> 0:12:36.520
<v Speaker 1>didn't take it for practical reasons. It was less than

0:12:36.559 --> 0:12:40.120
<v Speaker 1>what I was already making. My name wouldn't have been

0:12:40.240 --> 0:12:43.680
<v Speaker 1>on the title for the show, and so it was

0:12:43.720 --> 0:12:45.800
<v Speaker 1>like kind of to me in my head and stepped backwards.

0:12:46.040 --> 0:12:48.120
<v Speaker 1>But I feel like everyone else was like, you're crazy.

0:12:48.160 --> 0:12:50.160
<v Speaker 1>How could you not take that? An opportunity like that

0:12:50.240 --> 0:12:52.560
<v Speaker 1>and never comes. There's people who have been doing radio

0:12:52.640 --> 0:12:55.080
<v Speaker 1>their whole lives and would die for something like that.

0:12:55.720 --> 0:12:59.200
<v Speaker 1>And I made a practical decision, and you know, now

0:12:59.240 --> 0:13:02.000
<v Speaker 1>that I look back, it was the right decision. At

0:13:02.040 --> 0:13:06.040
<v Speaker 1>the time, I was like second guessing myself, And now

0:13:06.040 --> 0:13:08.840
<v Speaker 1>that I look back, I realized that what they offered me,

0:13:08.920 --> 0:13:11.240
<v Speaker 1>it's so much harder to climb out when they start

0:13:11.280 --> 0:13:14.000
<v Speaker 1>you so low, and it shows like how they feel

0:13:14.000 --> 0:13:16.120
<v Speaker 1>about you and what they already think about you, And

0:13:16.200 --> 0:13:19.040
<v Speaker 1>so that wouldn't have been the right way for me

0:13:19.160 --> 0:13:21.320
<v Speaker 1>to embark on a situation when I was leaving a

0:13:21.360 --> 0:13:24.360
<v Speaker 1>place that really wanted me, right, Like, they offered me

0:13:24.400 --> 0:13:26.959
<v Speaker 1>more money to stay, they offered to give me the

0:13:26.960 --> 0:13:29.360
<v Speaker 1>show with my name on it, to name it whatever

0:13:29.400 --> 0:13:32.280
<v Speaker 1>I wanted to. And that's where you want to be

0:13:32.320 --> 0:13:35.040
<v Speaker 1>in someplace where somebody really really wants you. That's where

0:13:35.040 --> 0:13:36.640
<v Speaker 1>you want to be, no matter what if it's worked

0:13:36.720 --> 0:13:41.640
<v Speaker 1>or yeah, and show me you care. And then when

0:13:41.679 --> 0:13:45.240
<v Speaker 1>I left, I'm serious to go to I Heeart. That

0:13:45.400 --> 0:13:48.000
<v Speaker 1>was something that everybody was like, Oh my god, FM

0:13:48.080 --> 0:13:51.400
<v Speaker 1>radio is dying. Why would you do that? You barely

0:13:51.400 --> 0:13:54.160
<v Speaker 1>get to talk? And I was just ready to start

0:13:54.200 --> 0:13:57.160
<v Speaker 1>something new. They were the underdog station, you know, if

0:13:57.240 --> 0:13:59.679
<v Speaker 1>the Breakfast Club hadn't done well, that station was gonna

0:13:59.679 --> 0:14:02.319
<v Speaker 1>flip to a whole other format. And so a lot

0:14:02.480 --> 0:14:05.240
<v Speaker 1>was writing on that. But I feel like that's when

0:14:05.240 --> 0:14:08.240
<v Speaker 1>you really are the best, when you can go with

0:14:08.480 --> 0:14:12.319
<v Speaker 1>a company that is the underdog and come out on top,

0:14:12.720 --> 0:14:14.960
<v Speaker 1>and then after that the sky is the limit. And

0:14:15.000 --> 0:14:17.240
<v Speaker 1>so for me, that's what it was, just to be

0:14:17.320 --> 0:14:20.760
<v Speaker 1>able to go and leave a situation that was comfortable,

0:14:22.080 --> 0:14:24.240
<v Speaker 1>but I just didn't see any growth there for me

0:14:24.680 --> 0:14:27.880
<v Speaker 1>to go in someplace where I could be uncomfortable but grow.

0:14:28.800 --> 0:14:30.800
<v Speaker 1>You know, you said something there where you talked about,

0:14:30.800 --> 0:14:32.560
<v Speaker 1>you know, it's really hard to climb out when you

0:14:32.600 --> 0:14:35.360
<v Speaker 1>start somewhere so low. Can you talk a little bit

0:14:35.440 --> 0:14:39.640
<v Speaker 1>more about that and just conceptually talk about that. Well,

0:14:39.800 --> 0:14:42.000
<v Speaker 1>one thing I did learn is that a lot of

0:14:42.000 --> 0:14:45.600
<v Speaker 1>times when we get offered something, people don't negotiate, and

0:14:45.640 --> 0:14:48.880
<v Speaker 1>so it was really important to be able to negotiate.

0:14:49.000 --> 0:14:53.280
<v Speaker 1>And so when you start off, say somebody offers you

0:14:54.400 --> 0:14:57.360
<v Speaker 1>fifty thousand dollars a year, and you're like, okay, I'll

0:14:57.360 --> 0:14:59.680
<v Speaker 1>take it. Well, then now next year, when I'm asking

0:14:59.680 --> 0:15:02.160
<v Speaker 1>for a raise, I can't say I want one hundred

0:15:02.200 --> 0:15:05.720
<v Speaker 1>and fifty thousand dollars. That just sounds like wow, you know,

0:15:05.720 --> 0:15:08.080
<v Speaker 1>how did that happen? So now you're like, okay, can

0:15:08.120 --> 0:15:10.760
<v Speaker 1>I get sixty five thousand? And then the next year

0:15:10.800 --> 0:15:13.640
<v Speaker 1>and so now you're climbing out of a situation where

0:15:13.840 --> 0:15:16.000
<v Speaker 1>when they first offered it to you. If somebody offered

0:15:16.040 --> 0:15:18.000
<v Speaker 1>you fifty thousand, that means that they have way more

0:15:18.000 --> 0:15:20.960
<v Speaker 1>than that. You know, That's what I always assume. And

0:15:21.040 --> 0:15:24.680
<v Speaker 1>so even when negotiating for bookings for different things. You know,

0:15:24.720 --> 0:15:28.520
<v Speaker 1>people generally tend to start low because they anticipate that

0:15:28.560 --> 0:15:30.480
<v Speaker 1>you'll come back high and that you'll meet somewhere in

0:15:30.520 --> 0:15:33.520
<v Speaker 1>the middle. And so there's times that I've you know,

0:15:34.160 --> 0:15:37.280
<v Speaker 1>negotiated and then they accepted too fast and I was like, damn,

0:15:40.160 --> 0:15:42.560
<v Speaker 1>you know. And then there's sometimes that it's not about

0:15:42.600 --> 0:15:45.720
<v Speaker 1>the money. And so if it's not about the money,

0:15:45.720 --> 0:15:47.600
<v Speaker 1>then cool, But you also want people to know your

0:15:47.640 --> 0:15:49.960
<v Speaker 1>value and worth. You don't want somebody to say, well,

0:15:50.000 --> 0:15:52.760
<v Speaker 1>I offered her, you know, five thousand dollars and she

0:15:52.800 --> 0:15:54.960
<v Speaker 1>took it. Why would you pay her twenty thousand dollars?

0:15:55.360 --> 0:15:57.480
<v Speaker 1>And so it's just important for you because people do

0:15:57.560 --> 0:16:00.280
<v Speaker 1>talk to each other and they ask each other. You know,

0:16:00.440 --> 0:16:02.720
<v Speaker 1>early in your career, you started out as an intern

0:16:02.760 --> 0:16:05.880
<v Speaker 1>for the Woutang clan. Can you first talked about how

0:16:06.000 --> 0:16:08.600
<v Speaker 1>you found yourself in these roles and what you feel

0:16:08.640 --> 0:16:10.880
<v Speaker 1>like was the reason you took that role and why

0:16:10.920 --> 0:16:15.200
<v Speaker 1>they accepted you in that role? I think, well, for

0:16:15.440 --> 0:16:17.320
<v Speaker 1>a lot of it was always relationships for me when

0:16:17.320 --> 0:16:20.760
<v Speaker 1>I was starting out. So one of my good friends, Scottie,

0:16:20.760 --> 0:16:23.520
<v Speaker 1>he actually owns the studio engine room where I do

0:16:23.640 --> 0:16:27.400
<v Speaker 1>my podcast lip Service. I knew him when I was

0:16:27.520 --> 0:16:30.960
<v Speaker 1>in high school. He went to Howard University and he

0:16:31.280 --> 0:16:34.400
<v Speaker 1>was really good friends with my boyfriend at the time,

0:16:35.040 --> 0:16:37.560
<v Speaker 1>and so that's how we met. Now, mind you that guy,

0:16:37.720 --> 0:16:39.320
<v Speaker 1>you know, I don't talk to him at all anymore,

0:16:39.360 --> 0:16:41.960
<v Speaker 1>but Scottie and I kept in touch and when I

0:16:42.000 --> 0:16:45.400
<v Speaker 1>was in college, he was like, Hey, my friend worked

0:16:45.440 --> 0:16:47.800
<v Speaker 1>at Woutang for Woutang Management and they're looking for an

0:16:47.840 --> 0:16:50.640
<v Speaker 1>intern and I recommended you, so I think you should go,

0:16:50.840 --> 0:16:53.760
<v Speaker 1>you know, go do that. And so I was a

0:16:53.760 --> 0:16:56.760
<v Speaker 1>little nervous because Woutang didn't have the best reputation at

0:16:56.760 --> 0:16:58.840
<v Speaker 1>the time. I was like, oh, they're kind of wild.

0:16:58.880 --> 0:17:01.120
<v Speaker 1>I don't know if that's the value meant I should

0:17:01.160 --> 0:17:04.080
<v Speaker 1>be in. And so I went and then he called me.

0:17:04.119 --> 0:17:05.919
<v Speaker 1>He was like, did you call my guy? And I

0:17:06.000 --> 0:17:08.160
<v Speaker 1>was like, no, I haven't called him yet. He was like, Angela,

0:17:08.240 --> 0:17:10.159
<v Speaker 1>please just call, you know, at least do the interview.

0:17:10.160 --> 0:17:12.320
<v Speaker 1>I told him you were coming, So I was like okay.

0:17:12.320 --> 0:17:14.360
<v Speaker 1>So I went went on the interview and as soon

0:17:14.400 --> 0:17:16.360
<v Speaker 1>as I walked in and we had the conversation, there

0:17:16.359 --> 0:17:19.840
<v Speaker 1>were like other people waiting. They hired me on the spot,

0:17:20.320 --> 0:17:23.040
<v Speaker 1>and so I don't know what it was about me,

0:17:23.119 --> 0:17:24.720
<v Speaker 1>but they just hired me on the spot and that

0:17:24.840 --> 0:17:26.840
<v Speaker 1>was that. And then I started working there. So it

0:17:26.880 --> 0:17:30.000
<v Speaker 1>was a relationship that I had from somebody who thought

0:17:30.040 --> 0:17:32.560
<v Speaker 1>that I would be good. And then afterwards, when I graduate,

0:17:32.560 --> 0:17:34.560
<v Speaker 1>they actually tried to get me to not finish college

0:17:35.000 --> 0:17:37.440
<v Speaker 1>and come work there. It was my last It was

0:17:37.480 --> 0:17:40.160
<v Speaker 1>the junior year before my senior year, and they wanted

0:17:40.200 --> 0:17:42.399
<v Speaker 1>me to just work that, just come and not go

0:17:42.440 --> 0:17:43.480
<v Speaker 1>to my last year. And I was like, no, not,

0:17:43.480 --> 0:17:45.480
<v Speaker 1>I think I'm in finished. I only have one year left.

0:17:45.840 --> 0:17:49.119
<v Speaker 1>And then when I graduated, I ended up working there. Wow,

0:17:49.320 --> 0:17:51.560
<v Speaker 1>what made you take that when so many other people

0:17:51.560 --> 0:17:53.399
<v Speaker 1>would be like, okay, they want me full time. This

0:17:53.480 --> 0:17:55.840
<v Speaker 1>is a music business. It's hard to get into any way.

0:17:56.480 --> 0:17:57.920
<v Speaker 1>What gave you that said, you know, I'm going to

0:17:57.960 --> 0:18:05.120
<v Speaker 1>finish school. My parents never went for that, bab never

0:18:05.280 --> 0:18:08.080
<v Speaker 1>had to allow that to happen. And you know, even

0:18:08.160 --> 0:18:10.560
<v Speaker 1>like that was my first job, and I know people

0:18:10.600 --> 0:18:12.119
<v Speaker 1>weren't making that much money there, and I was like,

0:18:12.160 --> 0:18:13.800
<v Speaker 1>they're not gonna pay me and for me to feel

0:18:13.800 --> 0:18:16.040
<v Speaker 1>like I could survive on my own, and then I

0:18:16.080 --> 0:18:18.240
<v Speaker 1>also felt like, I'm the type of person I like

0:18:18.320 --> 0:18:21.919
<v Speaker 1>to finish something if I started, and so I had

0:18:21.960 --> 0:18:24.960
<v Speaker 1>one year left, and I was like, this isn't gonna,

0:18:25.040 --> 0:18:26.479
<v Speaker 1>you know, go anywhere. And I knew that I had

0:18:26.520 --> 0:18:29.320
<v Speaker 1>other things. I had interned at MTV, I had interned

0:18:29.320 --> 0:18:32.000
<v Speaker 1>at a record label. So I didn't think that that

0:18:32.080 --> 0:18:33.960
<v Speaker 1>was all I would ever be able to do. So

0:18:34.040 --> 0:18:35.800
<v Speaker 1>I was I was just like, let me just get

0:18:35.840 --> 0:18:52.560
<v Speaker 1>my degree. I came this fire. People in the public spotlight,

0:18:52.760 --> 0:18:55.399
<v Speaker 1>like in Angela, as you can imagine, often get asked

0:18:55.400 --> 0:18:58.880
<v Speaker 1>to be a mentor to up and commerce. Angela takes

0:18:58.880 --> 0:19:01.040
<v Speaker 1>to stay so that you should bring something to the

0:19:01.040 --> 0:19:05.000
<v Speaker 1>table as a perspective mentee. If you want someone to mentor,

0:19:05.080 --> 0:19:08.000
<v Speaker 1>you consider what you have to offer, not just what

0:19:08.080 --> 0:19:11.800
<v Speaker 1>you want. Angela speaks on it. Yeah, being a mentor

0:19:11.880 --> 0:19:14.480
<v Speaker 1>is work. It's a job, you know, because now you

0:19:14.520 --> 0:19:18.600
<v Speaker 1>have a responsibility. It's like having to, you know, show

0:19:18.640 --> 0:19:21.040
<v Speaker 1>somebody the ropes. Even when you hire somebody new, say

0:19:21.080 --> 0:19:23.000
<v Speaker 1>as an assistant, that's a lot of work because now

0:19:23.000 --> 0:19:25.480
<v Speaker 1>you're showing somebody how to do something in order for

0:19:25.520 --> 0:19:27.959
<v Speaker 1>them to be and you have to be patient because

0:19:28.000 --> 0:19:30.600
<v Speaker 1>everybody doesn't work the way that you work, and it's

0:19:30.600 --> 0:19:33.399
<v Speaker 1>a time consuming thing too. And you know, as we

0:19:33.480 --> 0:19:36.159
<v Speaker 1>get busier and busier, as you get more and more successful,

0:19:36.280 --> 0:19:41.800
<v Speaker 1>time is really valuable. You know. Time is money, they say.

0:19:42.040 --> 0:19:44.320
<v Speaker 1>And so for me, it's like I don't have a

0:19:44.320 --> 0:19:45.960
<v Speaker 1>lot of free time. I don't even have time to

0:19:46.000 --> 0:19:48.960
<v Speaker 1>do things for myself, like my nails would be raggedy

0:19:48.960 --> 0:19:51.080
<v Speaker 1>because I don't even have time to go get a manicure.

0:19:51.560 --> 0:19:53.480
<v Speaker 1>You know, I might get a facial like once every

0:19:53.480 --> 0:19:56.359
<v Speaker 1>four months, because I just honestly for my own self care.

0:19:56.840 --> 0:19:58.720
<v Speaker 1>I never have time to do the things that I

0:19:58.720 --> 0:20:01.880
<v Speaker 1>want to do for myself. And so if somebody can

0:20:01.920 --> 0:20:03.879
<v Speaker 1>come to me and want to be mentored, but they

0:20:03.880 --> 0:20:05.640
<v Speaker 1>can also show me what they bring to the table

0:20:05.680 --> 0:20:07.879
<v Speaker 1>because they've done the work. I also need to know

0:20:07.920 --> 0:20:10.240
<v Speaker 1>that you'll take it seriously. Some people just want to

0:20:10.280 --> 0:20:13.080
<v Speaker 1>hang around and see some fun things and meet people

0:20:13.600 --> 0:20:15.760
<v Speaker 1>and be able to go back and post pictures on

0:20:15.800 --> 0:20:17.720
<v Speaker 1>social media and say that they were here and they

0:20:17.760 --> 0:20:20.320
<v Speaker 1>did this. But I need to see how serious you

0:20:20.359 --> 0:20:22.320
<v Speaker 1>are because I also don't want to invest my time

0:20:22.320 --> 0:20:24.840
<v Speaker 1>in someone that is just doing this for fun and

0:20:24.880 --> 0:20:26.960
<v Speaker 1>for a look. I need to know that you are

0:20:27.080 --> 0:20:31.440
<v Speaker 1>actually going hard for yourself. I'm interested in your coffee shop.

0:20:31.760 --> 0:20:33.720
<v Speaker 1>I have a coffee shop also, and I'm wondering, like,

0:20:33.760 --> 0:20:36.679
<v Speaker 1>when you were building yours, what did you feel like

0:20:36.760 --> 0:20:40.240
<v Speaker 1>you would bring uniquely to a coffee shop experience. You know,

0:20:40.240 --> 0:20:43.080
<v Speaker 1>there's a million coffee shops out there. What did you

0:20:43.119 --> 0:20:47.080
<v Speaker 1>feel like you could uniquely bring to an experience? Well,

0:20:47.119 --> 0:20:49.240
<v Speaker 1>I love our coffee shop, but a part of what

0:20:49.240 --> 0:20:52.560
<v Speaker 1>we did was we really paid attention to the origins

0:20:52.600 --> 0:20:54.840
<v Speaker 1>of our coffee and matching that up with the food

0:20:54.960 --> 0:20:57.800
<v Speaker 1>and what we serve inside and even the music and

0:20:57.880 --> 0:21:01.639
<v Speaker 1>the decor, and so we are. It's in Best Stye.

0:21:01.800 --> 0:21:05.439
<v Speaker 1>It's a beautiful location, brand new building on the corner,

0:21:05.520 --> 0:21:08.720
<v Speaker 1>outdoor seating. But we also have things in there, like

0:21:08.840 --> 0:21:11.119
<v Speaker 1>we have patties You're not going to find that at

0:21:11.160 --> 0:21:14.000
<v Speaker 1>a typical coffee shop. We have a lot of vegan options.

0:21:14.040 --> 0:21:17.679
<v Speaker 1>We have like a plant based BLT sandwich, we have

0:21:17.760 --> 0:21:20.440
<v Speaker 1>a bun and cheese sandwich. It's a lot of Caribbean

0:21:20.600 --> 0:21:24.479
<v Speaker 1>and African inspired items on the menu. And we also

0:21:24.560 --> 0:21:29.640
<v Speaker 1>serve like eighty percent Black and Brown owned products in there.

0:21:29.720 --> 0:21:32.240
<v Speaker 1>So it is a way because it is coffee uplifts people.

0:21:32.240 --> 0:21:33.840
<v Speaker 1>And at the same time that we're doing what we're

0:21:33.840 --> 0:21:36.480
<v Speaker 1>doing with the coffee, we also want to uplift people

0:21:37.240 --> 0:21:40.240
<v Speaker 1>who have their own businesses as well. And so before

0:21:40.280 --> 0:21:42.680
<v Speaker 1>we opened a coffee shop, we were doing these pop

0:21:42.800 --> 0:21:46.080
<v Speaker 1>ups at another location. We were calling them pop uplifts,

0:21:46.359 --> 0:21:48.960
<v Speaker 1>and so we were just highlighting other small own businesses

0:21:48.960 --> 0:21:51.200
<v Speaker 1>and letting them come in for the day, sell their products,

0:21:51.240 --> 0:21:54.080
<v Speaker 1>promoting it and it did really well, and so we

0:21:54.200 --> 0:21:56.639
<v Speaker 1>kind of wanted to go at that theme of offering

0:21:56.680 --> 0:21:58.959
<v Speaker 1>us space for these other vendors to come in and

0:21:59.040 --> 0:22:02.040
<v Speaker 1>highlighting them, and then we have an amazing chef that's

0:22:02.040 --> 0:22:04.240
<v Speaker 1>in there, and the quality of what it is that

0:22:04.280 --> 0:22:08.120
<v Speaker 1>we do, from the avocado toes to the yoga parfit

0:22:08.359 --> 0:22:11.159
<v Speaker 1>is like top notch. And so that's basically what I

0:22:11.200 --> 0:22:13.480
<v Speaker 1>wanted to do. Make it a really high end experience

0:22:13.560 --> 0:22:16.919
<v Speaker 1>for us, but also have things in there that wouldn't

0:22:16.960 --> 0:22:19.399
<v Speaker 1>typically be in a coffee shop. Yeah, I love it.

0:22:19.400 --> 0:22:22.880
<v Speaker 1>I love it. You talked about what in the franchise eventually,

0:22:22.920 --> 0:22:25.320
<v Speaker 1>and like, you know, when you think about there being

0:22:25.320 --> 0:22:28.440
<v Speaker 1>so many out there, how do you know when you're

0:22:28.440 --> 0:22:31.000
<v Speaker 1>ready to take that leap and what will make it

0:22:31.359 --> 0:22:36.240
<v Speaker 1>desirable regionally or nationally this coffeehouse. So what I want

0:22:36.280 --> 0:22:38.359
<v Speaker 1>to do is because it's also a coffee company. So

0:22:38.359 --> 0:22:40.600
<v Speaker 1>we're in Whole Foods in the New York area and

0:22:40.720 --> 0:22:43.560
<v Speaker 1>some other stores and in some restaurants. So for me,

0:22:43.640 --> 0:22:47.160
<v Speaker 1>the way I'm attacking it is, you know, getting into

0:22:47.160 --> 0:22:49.879
<v Speaker 1>some of these major retailers so that the brand recognition

0:22:49.960 --> 0:22:52.200
<v Speaker 1>is there, so that when we open the coffee shop,

0:22:52.200 --> 0:22:55.399
<v Speaker 1>you've already seen us in stores, maybe you've ordered it,

0:22:55.440 --> 0:22:57.520
<v Speaker 1>maybe you've made it at home already, maybe you've had

0:22:57.560 --> 0:23:00.920
<v Speaker 1>it at a restaurant. You know. We have our coffee

0:23:00.920 --> 0:23:04.119
<v Speaker 1>in Tatianas, which is Chef Kwamee's restaurant in Lincoln Center.

0:23:04.200 --> 0:23:07.359
<v Speaker 1>We're in mc grille in Brooklyn. We're in black Swan

0:23:07.520 --> 0:23:11.160
<v Speaker 1>and Maryland. So there's a few different locations that we're

0:23:11.200 --> 0:23:14.720
<v Speaker 1>actually kind of more hand picking where we want to

0:23:14.720 --> 0:23:17.439
<v Speaker 1>be at first before we like I said, I'm a

0:23:17.480 --> 0:23:19.600
<v Speaker 1>big fan of slow growth. We haven't had the company

0:23:19.640 --> 0:23:21.880
<v Speaker 1>that long and so I'm not trying to do too

0:23:21.960 --> 0:23:24.760
<v Speaker 1>much too fast, and so I feel like branding myself

0:23:24.800 --> 0:23:27.200
<v Speaker 1>in that way, making it something that people get familiar

0:23:27.200 --> 0:23:29.800
<v Speaker 1>with the name. We've done a partnership with do say

0:23:29.880 --> 0:23:33.920
<v Speaker 1>also for an espresso martini with them with their exo.

0:23:34.040 --> 0:23:36.240
<v Speaker 1>And so I'm just trying to do these things so

0:23:36.280 --> 0:23:38.720
<v Speaker 1>that people get familiar with it, so that when it's

0:23:38.760 --> 0:23:41.400
<v Speaker 1>time to open, because you know, people would say there's

0:23:41.400 --> 0:23:44.760
<v Speaker 1>a lot of coffee shops, but there's a reason for that,

0:23:44.800 --> 0:23:49.800
<v Speaker 1>because people love going to coffee shop. Yeah, and so

0:23:49.840 --> 0:23:54.040
<v Speaker 1>I don't feel like it's something that and it's location.

0:23:54.400 --> 0:23:56.800
<v Speaker 1>You know, if you can get a great location, then

0:23:56.880 --> 0:23:59.359
<v Speaker 1>that matters a lot too in the opportunity. And so

0:24:00.080 --> 0:24:02.359
<v Speaker 1>we have a lot of great part and partnerships. I

0:24:02.359 --> 0:24:04.480
<v Speaker 1>think with the coffee, the partnerships and the collapse, they

0:24:04.480 --> 0:24:06.480
<v Speaker 1>are gonna be what really drives us to and makes

0:24:06.560 --> 0:24:09.720
<v Speaker 1>us unique. Yeah, I'm listening to you talking. I think

0:24:09.880 --> 0:24:12.360
<v Speaker 1>I'm thinking about something we've been talking about so much

0:24:12.400 --> 0:24:14.800
<v Speaker 1>and just mainstream, not even just in tech recently, and

0:24:14.840 --> 0:24:19.080
<v Speaker 1>that's AI. And you've probably heard like these computer generated

0:24:19.160 --> 0:24:23.760
<v Speaker 1>Kendrick Lamar records, and and I'm wondering you may not

0:24:23.800 --> 0:24:25.240
<v Speaker 1>have answer to this, but I'm because I'm know how

0:24:25.240 --> 0:24:26.919
<v Speaker 1>deeper you thought about it. But I'm warning, like, what

0:24:27.000 --> 0:24:30.639
<v Speaker 1>you think about personalities like yourself and the future of

0:24:31.160 --> 0:24:37.680
<v Speaker 1>computer generated you know, angelus, I wish I had one

0:24:37.760 --> 0:24:43.240
<v Speaker 1>right now. But is that something you think about often? Well?

0:24:43.400 --> 0:24:47.480
<v Speaker 1>Increasing now? But you know what it is really crazy

0:24:47.600 --> 0:24:50.120
<v Speaker 1>like to see even not even just that, but also

0:24:50.160 --> 0:24:52.679
<v Speaker 1>seeing people like in the metaverse and being able to

0:24:52.720 --> 0:24:56.040
<v Speaker 1>go and do that. But um, I mean, you know,

0:24:56.200 --> 0:24:59.399
<v Speaker 1>we see so many things happening where it feels like,

0:24:59.600 --> 0:25:01.680
<v Speaker 1>first of well, it feels like humans maybe we aren't

0:25:01.680 --> 0:25:05.639
<v Speaker 1>going to be necessary for a lot of reasons, you know,

0:25:05.880 --> 0:25:08.600
<v Speaker 1>just like money. I feel like at some point, like

0:25:08.760 --> 0:25:11.560
<v Speaker 1>having cash is gonna be worthless, you know, because people

0:25:11.600 --> 0:25:13.720
<v Speaker 1>don't No one ever has cash on them anymore. That's

0:25:13.720 --> 0:25:17.040
<v Speaker 1>a fact. And so yeah, so it's just am and

0:25:17.080 --> 0:25:19.280
<v Speaker 1>I know a lot of people fight progress and fight

0:25:19.400 --> 0:25:21.720
<v Speaker 1>like what's gonna happen in the future. Sure, but you

0:25:21.760 --> 0:25:23.840
<v Speaker 1>have to figure out what it is and how you

0:25:23.880 --> 0:25:27.480
<v Speaker 1>can actually you know, benefit from it. And so let

0:25:27.480 --> 0:25:29.600
<v Speaker 1>me go ahead and do some research on that. Yeah,

0:25:29.600 --> 0:25:32.480
<v Speaker 1>that's good, figure out how I can benefit from it.

0:25:33.960 --> 0:25:36.480
<v Speaker 1>And I mean, to that end, what do you think

0:25:36.680 --> 0:25:39.120
<v Speaker 1>how do you manage content ownership in your world? Because

0:25:39.119 --> 0:25:41.560
<v Speaker 1>I imagine, because I don't know what you's your contracts are, Like,

0:25:41.600 --> 0:25:44.400
<v Speaker 1>I imagine when you do radio, you don't own that

0:25:44.520 --> 0:25:46.800
<v Speaker 1>asset at the end of the day, but maybe your

0:25:46.800 --> 0:25:49.639
<v Speaker 1>podcast you might. And so I wonder, like how you

0:25:49.680 --> 0:25:52.960
<v Speaker 1>think about ownership of content at the level of the

0:25:53.000 --> 0:25:56.919
<v Speaker 1>game that you're playing. I own my podcast one hundred percent,

0:25:57.040 --> 0:25:59.440
<v Speaker 1>and so the deal I have a deal with iHeart

0:25:59.480 --> 0:26:02.520
<v Speaker 1>right now for my podcast, but all the content is

0:26:02.560 --> 0:26:05.879
<v Speaker 1>mine and so um there's but I have anything I

0:26:05.960 --> 0:26:08.480
<v Speaker 1>do on iHeart like that I created while I'm there,

0:26:08.600 --> 0:26:11.920
<v Speaker 1>they own. And so I had the service before that.

0:26:12.000 --> 0:26:17.440
<v Speaker 1>I have that all you know, taken care of and

0:26:15.960 --> 0:26:19.440
<v Speaker 1>U and they didn't even try to make me give

0:26:19.520 --> 0:26:22.080
<v Speaker 1>up my rights to that, even like my Facebook page

0:26:23.440 --> 0:26:25.760
<v Speaker 1>and all of that, Like I own all of those things.

0:26:25.800 --> 0:26:28.520
<v Speaker 1>I know some people sell those, but I have like

0:26:28.920 --> 0:26:32.040
<v Speaker 1>I think, like four million followers on Facebook, and so

0:26:32.119 --> 0:26:36.160
<v Speaker 1>that does really well for me also, I believe it. Yeah,

0:26:36.280 --> 0:26:38.040
<v Speaker 1>And it's great because a lot of the content that

0:26:38.119 --> 0:26:40.560
<v Speaker 1>I do, you know, it is kind of a way

0:26:40.560 --> 0:26:44.280
<v Speaker 1>of me documenting my whole journey too, because interviews and

0:26:44.320 --> 0:26:46.920
<v Speaker 1>things that I've done that's all on my Facebook page. Yeah,

0:26:47.000 --> 0:26:49.160
<v Speaker 1>and so for me it's valuable in that way too,

0:26:49.280 --> 0:26:50.520
<v Speaker 1>for me to be able to be like, oh, look,

0:26:50.520 --> 0:26:53.920
<v Speaker 1>when I did this interview and have those moments um circulating,

0:26:53.960 --> 0:26:57.080
<v Speaker 1>always um. One of the more important things when you're

0:26:57.080 --> 0:27:00.760
<v Speaker 1>starting in business is good credit, and often even more

0:27:00.760 --> 0:27:03.280
<v Speaker 1>than having the cash. I'm having good credit is super

0:27:03.359 --> 0:27:06.240
<v Speaker 1>duper important. What did you learn about this when you

0:27:06.280 --> 0:27:09.320
<v Speaker 1>were starting out investing and buying houses and starting businesses?

0:27:09.320 --> 0:27:11.200
<v Speaker 1>And you might have had the cash you talked about

0:27:11.200 --> 0:27:13.520
<v Speaker 1>that two hundreds something thousand dollars, But what did you

0:27:13.560 --> 0:27:17.200
<v Speaker 1>have to learn about even the credit side of this game? Yeah,

0:27:17.280 --> 0:27:19.720
<v Speaker 1>I mean, listen, if you don't have good credit, you're

0:27:19.720 --> 0:27:22.480
<v Speaker 1>gonna end up paying for it, you know, so either

0:27:22.560 --> 0:27:24.520
<v Speaker 1>you won't be able to get a mortgage or your

0:27:24.560 --> 0:27:27.480
<v Speaker 1>interest rate will be so high that you'll be paying

0:27:27.520 --> 0:27:29.600
<v Speaker 1>all this extra money that you shouldn't have to. And

0:27:29.680 --> 0:27:32.400
<v Speaker 1>so I didn't even attempt to buy a house until

0:27:32.440 --> 0:27:35.400
<v Speaker 1>I had good credit, and that meant a journey of

0:27:35.440 --> 0:27:38.280
<v Speaker 1>me fixing my credit. So even if you're thinking right now,

0:27:38.320 --> 0:27:40.200
<v Speaker 1>I don't have the money to buy a house, start

0:27:40.240 --> 0:27:42.399
<v Speaker 1>working on your credit. You could start working on that today.

0:27:42.920 --> 0:27:44.479
<v Speaker 1>You know, figure out what it is that you need,

0:27:44.480 --> 0:27:45.800
<v Speaker 1>and you could do it yourself. You don't have to

0:27:45.880 --> 0:27:48.199
<v Speaker 1>hire anybody to do it. These are things that you

0:27:48.200 --> 0:27:50.600
<v Speaker 1>can figure out on your own and letters that you

0:27:50.640 --> 0:27:52.560
<v Speaker 1>can write. You can find that online. If you need

0:27:52.640 --> 0:27:57.840
<v Speaker 1>to contact any of the negative reports on your credit score,

0:27:58.200 --> 0:28:00.439
<v Speaker 1>you need to go ahead and do that. For me,

0:28:01.040 --> 0:28:03.520
<v Speaker 1>I fortunately started working on my credit way before I

0:28:03.600 --> 0:28:05.320
<v Speaker 1>knew I wanted to buy a house, for like two

0:28:05.440 --> 0:28:08.560
<v Speaker 1>years before I even attempted to do it, because like

0:28:08.560 --> 0:28:10.520
<v Speaker 1>I said, I had to save the money up. But

0:28:10.560 --> 0:28:12.760
<v Speaker 1>then I also was looking and I was getting prepared

0:28:12.800 --> 0:28:14.960
<v Speaker 1>for that, but I had to fix my credit. And

0:28:15.000 --> 0:28:17.280
<v Speaker 1>I think people would tell you, like, oh, what do

0:28:17.280 --> 0:28:19.200
<v Speaker 1>you need credit for if you have the cash? But

0:28:19.560 --> 0:28:22.480
<v Speaker 1>why would you want to use all your cash? Yeah?

0:28:22.520 --> 0:28:25.720
<v Speaker 1>I mean why is this something that Angelie you care

0:28:25.800 --> 0:28:28.400
<v Speaker 1>so much about to the extent of, you know, partnering

0:28:28.440 --> 0:28:31.000
<v Speaker 1>to start a company around. I mean, I've heard you

0:28:31.040 --> 0:28:34.920
<v Speaker 1>talk about financial literacy for a long time entrepreneurship because

0:28:34.920 --> 0:28:36.840
<v Speaker 1>it is all things that I didn't know, and it

0:28:36.880 --> 0:28:39.000
<v Speaker 1>can be really crippling. Like some people can't get an

0:28:39.040 --> 0:28:41.800
<v Speaker 1>apartment unless they have someone co sign for it, and

0:28:41.840 --> 0:28:45.840
<v Speaker 1>that's something that is like really difficult because who wants

0:28:45.840 --> 0:28:47.880
<v Speaker 1>to co sign for somebody? You know how hard that

0:28:48.000 --> 0:28:50.240
<v Speaker 1>is to find a lot of people can't co sign

0:28:50.280 --> 0:28:52.640
<v Speaker 1>for somebody, and a lot of people won't because everyone

0:28:52.680 --> 0:28:54.920
<v Speaker 1>will tell you not to do that. And so if

0:28:54.920 --> 0:28:56.960
<v Speaker 1>you can't go out like an adult and do things

0:28:57.000 --> 0:29:02.600
<v Speaker 1>for yourself, that can be really, you know, mentally exhaustive,

0:29:02.640 --> 0:29:05.120
<v Speaker 1>and it can also just physically be such a hinderance

0:29:05.160 --> 0:29:07.920
<v Speaker 1>to you. And so that's why it's important to me.

0:29:07.960 --> 0:29:10.040
<v Speaker 1>I even look at members of my own family who

0:29:10.120 --> 0:29:14.040
<v Speaker 1>have bad credit, and you know how hard it is

0:29:14.040 --> 0:29:16.600
<v Speaker 1>for them, and sometimes, like for me, I wouldn't even

0:29:16.600 --> 0:29:19.400
<v Speaker 1>open my bills. It was really stressful. Like I thought

0:29:19.440 --> 0:29:21.800
<v Speaker 1>about it a lot. We all have been in that

0:29:21.880 --> 0:29:24.560
<v Speaker 1>situation when we all haven't but but in that situation

0:29:24.600 --> 0:29:26.880
<v Speaker 1>where we know these creditors are calling our phone, we

0:29:26.920 --> 0:29:29.800
<v Speaker 1>don't even want to answer the phone. It's embarrassing, and

0:29:29.840 --> 0:29:33.000
<v Speaker 1>it's also like, you know, it's just so stressful, and

0:29:33.000 --> 0:29:35.280
<v Speaker 1>then maybe you answer the phone by accident one time

0:29:35.400 --> 0:29:37.440
<v Speaker 1>and then they're like, hi, we're calling from like oh

0:29:37.440 --> 0:29:40.160
<v Speaker 1>my god, you know, but it's terrible. It's not a

0:29:40.160 --> 0:29:41.960
<v Speaker 1>good feeling. And so I think it's just important to

0:29:42.040 --> 0:29:44.920
<v Speaker 1>face it and to work through it and to make

0:29:44.960 --> 0:29:48.640
<v Speaker 1>it happen, because you know, it's just like the calmness

0:29:48.680 --> 0:29:51.640
<v Speaker 1>that comes and knowing that, like, okay, I have and

0:29:51.760 --> 0:29:53.800
<v Speaker 1>if there's an opportunity, you're not going to be able

0:29:53.840 --> 0:29:56.240
<v Speaker 1>to take advantage of it because you don't have good credit.

0:29:56.640 --> 0:29:58.720
<v Speaker 1>Like even the building that I'm trying to buy right now,

0:29:59.040 --> 0:30:01.200
<v Speaker 1>the only reason I'm able to do it, it's because

0:30:01.200 --> 0:30:04.720
<v Speaker 1>my credit is good, you know. And if it wasn't,

0:30:04.800 --> 0:30:07.320
<v Speaker 1>then I'll miss out on that opportunity to buy a

0:30:07.520 --> 0:30:10.520
<v Speaker 1>dirty unit building where I'll have this income coming in

0:30:11.000 --> 0:30:14.000
<v Speaker 1>and that can help make me wealthy because I don't

0:30:14.040 --> 0:30:16.320
<v Speaker 1>have the credit to be able to get the loan

0:30:16.400 --> 0:30:19.240
<v Speaker 1>from the bank. Yeah. Yeah, I mean, because you've talked

0:30:19.240 --> 0:30:22.240
<v Speaker 1>so much about financial literacy over the years, and increasingly

0:30:22.280 --> 0:30:26.560
<v Speaker 1>about entrepreneurship, what is the difference in your mind between

0:30:26.680 --> 0:30:31.560
<v Speaker 1>being broke and being poor? Well, being broke, I was

0:30:31.600 --> 0:30:33.360
<v Speaker 1>broke a long time, but I still had a good

0:30:33.360 --> 0:30:35.880
<v Speaker 1>time while I was broke. You know. Being broke is

0:30:35.960 --> 0:30:40.440
<v Speaker 1>like I still was going out and eating because I'll

0:30:40.480 --> 0:30:42.600
<v Speaker 1>go to all these events with free food and free

0:30:42.680 --> 0:30:45.320
<v Speaker 1>drinks and you know, figuring it out and me and

0:30:45.360 --> 0:30:50.080
<v Speaker 1>all my friends are broke. Being poor, I think, feels

0:30:51.560 --> 0:30:55.400
<v Speaker 1>more like a mindset of I'll never get out of this,

0:30:55.600 --> 0:30:59.160
<v Speaker 1>I'll never have any money, I can't do anything, and

0:31:00.200 --> 0:31:02.600
<v Speaker 1>it can be like it feels like people look at

0:31:02.600 --> 0:31:05.320
<v Speaker 1>that as more permanent. Being broken is like a temporary thing.

0:31:05.760 --> 0:31:07.600
<v Speaker 1>You know, you don't have to ever be poor. You

0:31:07.600 --> 0:31:10.440
<v Speaker 1>can be broken temporarily and then you can get yourself

0:31:10.480 --> 0:31:13.800
<v Speaker 1>out of it. I hate the term serial entrepreneur, but

0:31:13.880 --> 0:31:16.280
<v Speaker 1>you know, for somebody who's just an entrepreneur, you have

0:31:16.480 --> 0:31:19.760
<v Speaker 1>different businesses in different industries. You know, for people who

0:31:19.800 --> 0:31:23.360
<v Speaker 1>have a lot of ideas and are really passionate about

0:31:23.400 --> 0:31:25.640
<v Speaker 1>getting those ideas out into the world, like you have,

0:31:26.360 --> 0:31:29.360
<v Speaker 1>what's some of the best advice you've gotten or you

0:31:29.480 --> 0:31:33.080
<v Speaker 1>have for people who want to do two three four

0:31:33.160 --> 0:31:37.240
<v Speaker 1>different things in different verticals? What have you learned about

0:31:37.280 --> 0:31:39.880
<v Speaker 1>that in order to do it well or to stop

0:31:39.920 --> 0:31:42.000
<v Speaker 1>from doing it at all? You know, what do you

0:31:42.080 --> 0:31:45.120
<v Speaker 1>say to that? I would say, you have to prioritize

0:31:45.280 --> 0:31:48.560
<v Speaker 1>at different times, And so when I'm starting a business,

0:31:49.120 --> 0:31:51.720
<v Speaker 1>I make sure that's my main priority. That is my

0:31:51.840 --> 0:31:55.000
<v Speaker 1>like twenty four seven. You know, if this takes priority

0:31:55.080 --> 0:31:57.520
<v Speaker 1>over everything right now way up with angela, ye is

0:31:57.560 --> 0:32:00.920
<v Speaker 1>the priority, So everything else has to work around that.

0:32:01.400 --> 0:32:03.400
<v Speaker 1>So whatever time I have, if I have to be

0:32:03.480 --> 0:32:04.760
<v Speaker 1>on the air. If I have to do this for

0:32:04.880 --> 0:32:08.000
<v Speaker 1>my show, that's the most important thing. And then everything else,

0:32:08.000 --> 0:32:10.960
<v Speaker 1>the coffee, everything has to be scheduled around that. I

0:32:11.000 --> 0:32:13.960
<v Speaker 1>still do it, but it's not the number one priority.

0:32:14.320 --> 0:32:16.040
<v Speaker 1>When I first opened the Juice Bar, that was a

0:32:16.160 --> 0:32:18.480
<v Speaker 1>number one priority. I was at work and every single

0:32:18.560 --> 0:32:21.080
<v Speaker 1>day I was there making sure whatever had to be

0:32:21.120 --> 0:32:24.640
<v Speaker 1>delivered was happening. I was working with the contractors, I was,

0:32:24.920 --> 0:32:27.360
<v Speaker 1>you know, in there every single day, working with the employees,

0:32:27.680 --> 0:32:29.920
<v Speaker 1>and so that was the first priority for me at

0:32:29.960 --> 0:32:33.160
<v Speaker 1>that time. So I think when you're a serial entpremaneure

0:32:33.200 --> 0:32:36.400
<v Speaker 1>and you're trying to juggle different businesses, being able to

0:32:36.480 --> 0:32:39.080
<v Speaker 1>prioritize is one of the most important things that you

0:32:39.120 --> 0:32:41.760
<v Speaker 1>can do. And then I think along with that is

0:32:41.800 --> 0:32:45.520
<v Speaker 1>also having a schedule and sticking to it, because you

0:32:45.600 --> 0:32:49.040
<v Speaker 1>really have to a lot time for each thing and

0:32:49.120 --> 0:32:51.760
<v Speaker 1>make sure that you're like, okay, and I literally set

0:32:51.800 --> 0:32:54.560
<v Speaker 1>my alarm, like I know, from twelve to one, I

0:32:54.600 --> 0:32:58.240
<v Speaker 1>have to do this one o'clock, Okay, one to two thirty.

0:32:58.240 --> 0:33:00.280
<v Speaker 1>I'm working on this. Set my alarm, and I give

0:33:00.280 --> 0:33:02.520
<v Speaker 1>myself ample time to travel or do what I have

0:33:02.560 --> 0:33:05.480
<v Speaker 1>to do in between things. But it's all about just

0:33:05.520 --> 0:33:08.400
<v Speaker 1>scheduling your time and prioritizing and taking care of yourself

0:33:08.640 --> 0:33:24.880
<v Speaker 1>because you have to get some food. Black Tech Green

0:33:24.880 --> 0:33:27.400
<v Speaker 1>Money is a production of Blackbty Afro Tech in the

0:33:27.440 --> 0:33:31.040
<v Speaker 1>Black Effect podcast Networking Ninheart Media. It's produced by Morgan

0:33:31.120 --> 0:33:34.959
<v Speaker 1>Dubonne and me Well Lucas, with additional production supported by

0:33:34.960 --> 0:33:39.120
<v Speaker 1>Sarah Arkiney Rose McLucas. Special thank you to Michael Davis

0:33:39.120 --> 0:33:41.719
<v Speaker 1>and Vanessa Serrano. Learn more about my guests and other

0:33:41.760 --> 0:33:45.080
<v Speaker 1>tech to Truff's to innovatives at afrotech dot com. Can

0:33:45.160 --> 0:33:48.280
<v Speaker 1>join your Black Tech Green Money shut us with Somebody

0:33:49.760 --> 0:33:52.320
<v Speaker 1>Go get your money. He's some luck